Common use of Certain Matters Regarding Materiality Clause in Contracts

Certain Matters Regarding Materiality. To the extent that any representation, warranty, covenant or other undertaking of any Credit Party in this Agreement is qualified by reference to those which are not reasonably expected to result in a “Material Adverse Effect” or language of similar import, no inference shall be drawn therefrom that the Facility Agent, Security Trustee or Lenders have knowledge or approves of any noncompliance by such Credit Party with any governmental rule.

Appears in 3 contracts

Samples: Credit Agreement (SEACOR Marine Holdings Inc.), Credit Agreement (SEACOR Marine Holdings Inc.), Credit Agreement (SEACOR Marine Holdings Inc.)

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Certain Matters Regarding Materiality. To the extent that any representation, warranty, covenant or other undertaking of any Credit of the Borrowers or any other Security Party in this Credit Facility Agreement is qualified by reference to those which are not reasonably expected to result in a "Material Adverse Effect" or language of similar import, no inference shall be drawn therefrom that the Facility Agent, Security Trustee any Agent or Lenders have Lender has knowledge or approves of any noncompliance by such Credit any of the Borrowers or any other Security Party with any governmental rule.

Appears in 1 contract

Samples: Credit Facility Agreement (Top Ships Inc.)

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